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BSEE issues proposed BOP, well control regulations for public comment

Posted on 14 April 2015 in Drilling It Safely, News, The Offshore Frontier

On 13 April, US Secretary of the Interior Sally Jewell announced proposed regulations that call for more stringent design requirements and operational…

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Wood Mackenzie: Deeper cuts may be needed to achieve cash flow neutrality

Posted on 14 April 2015 in Global and Regional Markets, News

The rapid and aggressive response by oil and gas companies to low oil prices has stabilized the sector; the price required for companies to be cash flow neutral in 2015…

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UKOG completes Weald Basin PEDL126 acquisition from Magellan

Posted on 13 April 2015 in Global and Regional Markets, News

UK Oil and Gas now holds 100% interest in the Weald Basin onshore license PEDL126 after acquiring Magellan Petroleum’s 40% interest. The license contains…

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Noble Energy to drill Humpback, Rhea offshore Falkland Islands this year

Posted on 13 April 2015 in Global and Regional Markets, News

Noble Energy has acquired a 75% interest and operatorship of the PL001 license in the North Falkland Basin from…

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Zebedee well strikes oil, gas for Premier offshore Falkland Islands

Posted on 02 April 2015 in News, The Offshore Frontier

Premier Oil has announced that the Zebedee well, located in PL004b in the Falkland Islands, discovered 81 ft of net oil-bearing reservoir and 55 ft…

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Weatherford launches new composite frac plug to reduce mill-out time

Posted on 01 April 2015 in Innovating While Drilling, News, Videos

Weatherford launched its TruFrac composite frac plug at the 2015 SPE/ICoTA Coiled Tubing and Well Intervention Conference in The Woodlands, Texas, on 24 March…

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Coiled tubing-conveyed monitoring system aims to maximize production, intervention success

Posted on 01 April 2015 in Innovating While Drilling, News, Videos

A new coiled-tubing service is providing a method for continuous, real-time monitoring of horizontal or highly deviated wells by installing fiber optics inside various sizes…

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ExxonMobil begins production at Hadrian South in Gulf of Mexico

Posted on 31 March 2015 in News, The Offshore Frontier

ExxonMobil has begun production in the deepwater Gulf of Mexico (GOM) at Hadrian South, with facilities tied back to the nearby Lucius project. Daily gross production…

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Active risk assessment, global sharing at core of Nabors safety intervention program

Posted on 31 March 2015 in Drilling It Safely, News

Gagan Singhal, Area Manager at Nabors Drilling International, outlined a new safety intervention system that helps the company…

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National Petroleum Council: US can safely tap Arctic resources to secure energy needs

Posted on 30 March 2015 in News, The Offshore Frontier

Prudently developing US Arctic oil and natural gas resources would enhance America’s position as a global leader in energy production for the next 35 years…

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